Tampa’s industrial market has firmly established itself as one of the top-performing regions in Florida. One key indicator for the strength of a market is absorption, a measure of the net change in tenant move-ins versus move-outs, and is an area where the Tampa industrial market has excelled. Over the trailing 12-month period, Tampa has recorded 5.4 million square feet of positive net absorption. In comparison, Miami, the largest industrial market in Florida, absorbed 3.3 million square feet over that same time frame.
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